Perry Real Estate College Final Exam Prep 2026: Complete
Study Guide with 150 Practice Questions, Detailed
Explanations, Pass the Perry Real Estate Final Exam on
Your First Attempt
⭐⭐⭐⭐⭐ "Exactly what I needed"
– James T., Baltimore
"The questions in this set were very similar to what appeared on my actual final exam. The
bold answers and detailed explanations made studying efficient and effective. I felt
completely prepared walking into the test. Worth every penny."
Property Ownership, Contracts, Agency, Finance, Appraisal, Fair Housing, Property
Management, Real Estate Math, and License Law –
SECTION 1: PROPERTY OWNERSHIP & LAND USE
1. A property owner grants a neighbor the right to use a private road to access a landlocked
parcel. This right is properly classified as a(n):
A) License
B) Easement in gross
C) Appurtenant easement
D) Encroachment
Explanation: An appurtenant easement benefits a specific parcel of land (the dominant
estate) and burdens another parcel (the servient estate). The neighbor's landlocked parcel
is the dominant estate.
, 2. A developer records a plat map showing lot dimensions and street locations. This plat is
used in which legal description system?
A) Metes and bounds
B) Lot and block
C) Rectangular survey
D) Government survey
Explanation: The lot and block system uses recorded subdivision plats to identify
properties by lot and block numbers.
3. A property owner loses ownership of real estate to the state because no heirs can be
found. This process is called:
A) Eminent domain
B) Police power
C) Escheat
D) Adverse possession
Explanation: Escheat is the reversion of property to the state when an owner dies without a
will and without identifiable heirs.
4. Which of the following is a voluntary, specific lien?
A) Property tax lien
B) Mortgage lien
C) Mechanic's lien
D) Judgment lien
Explanation: A mortgage lien is voluntary because the property owner agrees to it. It is
specific because it attaches to a particular property.
, 5. A property owner builds a fence that accidentally extends 6 inches onto the adjacent
property. This is an example of:
A) An easement by prescription
B) A license
C) An encroachment
D) An appurtenance
Explanation: An encroachment is an unauthorized intrusion of a structure onto another
person's property.
6. A standard township in the rectangular survey system contains how many sections?
A) 16
B) 32
C) 36
D) 640
Explanation: A township contains 36 sections, each section being 1 mile square and
containing 640 acres.
7. A parcel described as "the E 1/2 of the NW 1/4 of Section 12, T2N, R3W" contains how
many acres?
A) 40 acres
B) 80 acres
C) 160 acres
D) 320 acres
Explanation: A quarter section is 160 acres. The E 1/2 of the NW 1/4 is half of 160 acres =
80 acres.
, 8. A local government passes an ordinance requiring all new commercial buildings to
include bike racks. This is an exercise of:
A) Eminent domain
B) Police power
C) Escheat
D) Taxation
Explanation: Police power is the authority of government to regulate for the health, safety,
and general welfare of the community.
9. A property is currently used as a small retail store. The zoning ordinance changes,
prohibiting retail use in the area. The existing retail store is now considered:
A) A conditional use
B) A variance
C) A nonconforming use
D) An illegal use
Explanation: A nonconforming use is a use that was legal when established but does not
conform to current zoning regulations.
10. Two brothers own a property as joint tenants. One brother dies. How is the property now
owned?
A) The surviving brother owns the property in severalty
B) The surviving brother owns the property in severalty
C) The deceased brother's heirs own half
D) The brothers' estate owns the property
Explanation: Joint tenancy includes the right of survivorship. Upon death of one joint
tenant, the surviving joint tenant automatically inherits the deceased's share.
Study Guide with 150 Practice Questions, Detailed
Explanations, Pass the Perry Real Estate Final Exam on
Your First Attempt
⭐⭐⭐⭐⭐ "Exactly what I needed"
– James T., Baltimore
"The questions in this set were very similar to what appeared on my actual final exam. The
bold answers and detailed explanations made studying efficient and effective. I felt
completely prepared walking into the test. Worth every penny."
Property Ownership, Contracts, Agency, Finance, Appraisal, Fair Housing, Property
Management, Real Estate Math, and License Law –
SECTION 1: PROPERTY OWNERSHIP & LAND USE
1. A property owner grants a neighbor the right to use a private road to access a landlocked
parcel. This right is properly classified as a(n):
A) License
B) Easement in gross
C) Appurtenant easement
D) Encroachment
Explanation: An appurtenant easement benefits a specific parcel of land (the dominant
estate) and burdens another parcel (the servient estate). The neighbor's landlocked parcel
is the dominant estate.
, 2. A developer records a plat map showing lot dimensions and street locations. This plat is
used in which legal description system?
A) Metes and bounds
B) Lot and block
C) Rectangular survey
D) Government survey
Explanation: The lot and block system uses recorded subdivision plats to identify
properties by lot and block numbers.
3. A property owner loses ownership of real estate to the state because no heirs can be
found. This process is called:
A) Eminent domain
B) Police power
C) Escheat
D) Adverse possession
Explanation: Escheat is the reversion of property to the state when an owner dies without a
will and without identifiable heirs.
4. Which of the following is a voluntary, specific lien?
A) Property tax lien
B) Mortgage lien
C) Mechanic's lien
D) Judgment lien
Explanation: A mortgage lien is voluntary because the property owner agrees to it. It is
specific because it attaches to a particular property.
, 5. A property owner builds a fence that accidentally extends 6 inches onto the adjacent
property. This is an example of:
A) An easement by prescription
B) A license
C) An encroachment
D) An appurtenance
Explanation: An encroachment is an unauthorized intrusion of a structure onto another
person's property.
6. A standard township in the rectangular survey system contains how many sections?
A) 16
B) 32
C) 36
D) 640
Explanation: A township contains 36 sections, each section being 1 mile square and
containing 640 acres.
7. A parcel described as "the E 1/2 of the NW 1/4 of Section 12, T2N, R3W" contains how
many acres?
A) 40 acres
B) 80 acres
C) 160 acres
D) 320 acres
Explanation: A quarter section is 160 acres. The E 1/2 of the NW 1/4 is half of 160 acres =
80 acres.
, 8. A local government passes an ordinance requiring all new commercial buildings to
include bike racks. This is an exercise of:
A) Eminent domain
B) Police power
C) Escheat
D) Taxation
Explanation: Police power is the authority of government to regulate for the health, safety,
and general welfare of the community.
9. A property is currently used as a small retail store. The zoning ordinance changes,
prohibiting retail use in the area. The existing retail store is now considered:
A) A conditional use
B) A variance
C) A nonconforming use
D) An illegal use
Explanation: A nonconforming use is a use that was legal when established but does not
conform to current zoning regulations.
10. Two brothers own a property as joint tenants. One brother dies. How is the property now
owned?
A) The surviving brother owns the property in severalty
B) The surviving brother owns the property in severalty
C) The deceased brother's heirs own half
D) The brothers' estate owns the property
Explanation: Joint tenancy includes the right of survivorship. Upon death of one joint
tenant, the surviving joint tenant automatically inherits the deceased's share.
